Total’s Billion-Dollar Battery buy13 Oct 2017 15:13
http://www.luxresearchinc.com/news-and-events/press-releases/read/total’s-billion-dollar-battery-acquisition-will-allow-it-compete
“As Darwinism looms for the future of power, oil supermajors looking to evolve must choose among more expensive, broader battery players. But they should still act, as waiting longer or doing nothing, would be an even worse outcome,” said Cosmin Laslau, Lux Research Senior Analyst and lead author of the report titled, “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”
“Worthwhile battery companies continue to gain value and build momentum with each passing day, as do other opportunities toward a distributed generation future,” he added. “Indeed, the recent Tesla-SolarCity merger highlights the increasingly high-stakes race to integrate the future pieces of power, which are underpinned by distributed solar and advanced energy storage.”